news about gambling

Everything about casinos, lotteries, racetracks, and other gambling businesses: news, design, and corporate intrigue.

AC: Moving forward

A few more thoughts about Atlantic City, culled from a few Advisers to Gov. Chris Christie have called for casino regulatory reform, a public-private Atlantic City marketing initiative and possible state intervention in city government as ways to save New Jersey’s casino industry from competition and its “failed” business model. On Friday, Christie released 19 […]

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PA slots > AC slots

There’s another negative milestone for Atlantic City slots: in December, they got less play than slots in Pennsylvania. From the AC Press: Gamblers are putting more money into slot machines in Pennsylvania than they are in Atlantic City.The Gaming Industry Observer says December was the first month ever that slot-machine handle in Pennsylvania surpassed Atlantic

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atlantic city, news about gambling

I’m gobsmacked

Breaking news from the LVRJ: Penn National Gaming will not submit a bid for next week’s planned bankruptcy court auction of the shuttered Fontainebleau project, a company spokesman said Thursday. via Penn won’t pursue Fontainebleau – Breaking News – ReviewJournal.com. What? I don’t believe this. It was supposed to be a sure thing! This is

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A November to remember

Things are looking up in Nevada for the first time in a long time. The state’s casinos won more money from gamblers this November than they did last November. Yet there may be another story that isn’t as positive lurking beneath the numbers. From the LVRJ: For the first time in 23 months, Nevada gaming

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AC had a bad 2009

The Atlantic City gaming numbers are in, and 2009 was definitely not pretty. From the AC Press: Casino revenue plunged for the third straight year in 2009, falling below $4 billion for the first time since 1997 as the soft economy and competition from neighboring slot parlors continue to erode the Atlantic City market. Year-end

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atlantic city, news about gambling

AC tabled by PA

Great news for Pennsylvanians who like to play table games, bad news for Atlantic City, as Pennsylvania has, to no one’s surprise, approved table gaming. Here’s the reaction from the AC Press: Pennsylvania’s slot parlors won’t stop at table games as they prepare to evolve into Atlantic City-style resort casinos in a fierce battle with

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atlantic city, news about gambling

New direction for casino themes?

Did you know that there is a casino named the Las Vegas Sun? It’s in Cambodia, according to casinocity.com: Las Vegas Sun Hotel & Casino Address Chantrea District Bavet, Svaay Rieng Cambodia Contact Information General Information – +855 44 945 045 Las Vegas Sun Hotel & Casino Hotel * Las Vegas Sun Hotel (Casino located

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Words from the past

Speaking of dark and gloomy, here’s a quote from the day before Mirage opened back in 1989, from the LA Times via proquest: At the same time, though, the new competition is expected to drive struggling gambling halls out of business.”There’;s going to be a shakeout,” said Glenn S. Schaeffer, chief financial officer of Circus

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Post-Pinnacle AC=Post-war Berlin

Here’s a holiday update on the status of Pinnacle’s much-ballyhooed Atlantic City project. Remember the billboards? From the AC Press: The site has become yet another vacant city lot, a prominent symbol of broken promises and the weak economy.Fences line the gravel lot dotted with weeds and a few scattered slabs of old concrete. Local

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atlantic city, news about gambling

CityCenter and traffic

I’ve been busy today getting the slot hold occasional paper finished up, so running the risk of CityCenter fatigue, here’s an excerpt from my last LVBP column about, you guessed it, CityCenter: This might be the most novel thing visitors notice about CityCenter, at first. And its hard to believe that its not by design.

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Ariavatar and Cirque du Spring

I don’t have much time to write today, but I wanted to get this thought out there. I haven’t seen the new James Cameron movie Avatar yet, but from the commercials and the reviews, I think that it might be the best cinematic comparison to City Center. It’s worth noting that they’ve been “in production”

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gambling & culture, news about gambling

Aria is open at last

But you didn’t need me to tell you that, you’ve probably seen pictures and more at ariaopening.com. And here’s a few words from the Sun about the opening: The wait is over. After a two-minute fireworks display, the Aria Resort & Casino opened its doors to the public late Wednesday night, giving tourists and Las

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life in vegas, news about gambling

Total pwnage

I can’t think of a time that I’ve seen someone put in their place this brilliantly. From NORM: Donald Trump and MGM Mirage management won’t be exchanging Christmas cards. The controversial New York real estate developer is raining on CityCenter’s parade, calling it “an absolute catastrophe.” “The biggest problem is it costs so much,” Trump

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life in vegas, news about gambling

City Center in perspective

I’ve been asked by more than one media outlet about City Center, and I thought that I’d just post some of my thoughts here for public consumption. My single-sentence response to “what does it all mean” is that City Center is a gamble in ways that previous Strip projects haven’t been. There’s been skepticism about

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Sunday afternoon in the Parx

Atlantic City has some new competition, or at least a refurbished version of old competition. From the AC Press: While the atmosphere of the stylishly named Parx Casino may feature some European or Asian-inspired elegance, the crowd will have a distinctly Philly flavor. When this new $250 million slots parlor opens its doors Friday, it

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atlantic city, news about gambling

Thoughts on October Revenues

The Nevada gaming revenue figures for October have been released, and they don’t look promising. From the LVRJ: Nevada gaming revenues hit a new low in October. Statewide gaming revenues were $800.3 million, the lowest monthly figure in almost six years. The decline was 11.6 percent compared with $904.9 million reported a year ago. October

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Stuff I didn’t say yesterday

If you missed my brief appearance on Issues with Jane Velez-Mitchell last night, I’ll give you a quick recap. I was part of a panel that talked about the Terence Watanabe case, which was news because his attorney talked to Good Morning America. I’d prepared some factoids about a previous high-profile attempt to use “the

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